businesses that export or import struggle with the accounting part of the business. BizFlo can help with streamlining both
operations and accounting if your business exports or imports.
A common concern with exporting or importing is how to handle foreign currency and the associated fluctuations in value. Many
businesses track this in a very time-consuming way on spreadsheets if at all. BizFlo works with accounting software products that
help tremendously to simplify working with foreign currency. Billing, vendor payments, bank reconciliations, and financial
statements are all made much easier when using a product designed to easily accommodate foreign currencies.
Our CFO services offer the option to review any foreign currency exposure and help protect the business against significant
losses due to currency fluctuations. We also can advise on how to make sure to get paid on services and products sold into other
Tracking of inventory is also a concern to many businesses that export. Our AccountMate®
designed to track inventory in multiple locations as well as in different currencies. Businesses that manufacture can cost their
products seamlessly even when importing some component items that are paid in another currency.
If you are thinking about expanding your business by exporting but have questions, call BizFlo at 513-444-2074 for a free
consultation. We have experience in expanding business into export markets, especially in Europe.